This past week Kefta was acquired by Acxiom for an undisclosed amount (it was a good exit).
The story is one that is filled with good karma and good entrepreneurial lessons. The most notable part of the company story from my perspective was the founder perseverance. In the face of market and financing (i.e. venture capital) adversity, the founders managed to bring the company back from the brink of bankruptcy in 2004! Philippe, Michael, and Fazal should be congratulated for a outstanding job!
I'm going to blog about this story over the next few days....stay tuned.
